Thursday, November 3, 2011

Corzine and regulator worked together at Goldman

Corzine and regulator worked together at Goldman

The lead regulator investigating the collapse of Jon Corzine's securities firm, MF Global, worked alongside him for 18 years at Goldman Sachs Group Inc.

Gary Gensler, chairman of the Commodity Futures Trading Commission, rose to become Goldman's co-head of finance before leaving in 1997. Corzine was chairman and CEO when Gensler left in 1999.

The two also collaborated when Corzine was a senator and Gensler worked on Capitol Hill

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